Deutsche Bank Ag Stock News

"We have clients who cannot exit Russia overnight. And, as far as we can, we will continue to also support them, too, at this difficult time," Deutsche Bank CEO Christian Sewing said in a blog post on

Deutsche Bank on Thursday defended its decision not to cease its operations in Russia in the wake of its invasion of Ukraine, stating that it is “not practical” to do so. Speaking to CNBC, the German bank’s chief financial officer James von Moltke said exiting the country would “not be the right thing to do” […]

"Leaving Is Not An Option" - Deutsche Bank CFO Defends Decision To Remain In Russia At this point, dozens, if not hundreds, of western multinationals have abandoned their business in Russia, some of them have walked away from assets worth billions of dollars . Just the other day, McDonald''s and Coca-Cola "temporarily" abandoned their own businesses in Russia (for the duration of the war). Starbucks and Pepsi have made similar moves. But amid reports about their heavy IT reliance on St. Petersburg (not to mention the German economy''s massive dependence on Germany natural gas and oil), German banking giant Deutsche Bank has decided to defend its decision to continue operating in Russia during the war. Speaking during a Thursday interview, DB CFO James von Moltke defended the bank''s decision to stay, saying it hinged on its duty of care to clients that still operates in the country. The decision comes as other major banks make moves to pull out of Russia, notably Goldman Sachs said Thursday that it was winding down its business in the country, while HSBC on Monday told employees to cease their dealings with Russian banks.

LONDON (Reuters) – Deutsche Bank said it was not withdrawing completely from Russia, drawing anger from investors and contrasting with Wall Street banks which are severing ties with the country over its invasion of Ukraine. Banks and asset managers have joined many other Western companies in pulling back from Russia following a raft of sanctions … Read More

Deutsche Bank bucks trend as it maintains ties to Russia

Deutsche Bank said it was not withdrawing completely from Russia, drawing anger from investors and contrasting with Wall Street banks which are severing ties with the country over its invasion of Ukraine. Banks and asset managers have joined many other Western companies in pulling back from Russia following a raft of sanctions on the country.

The answer is that this would go against our values," Chief Executive Christian Sewing said in a note to Deutsche Bank staff on Thursday. "We have clients who cannot exit Russia overnight." Bill Browder, an investor who has spent years campaigning to expose corruption in Russia, said that Deutsche Bank staying "is completely at odds with the international business community and will create backlash, lost reputation and business in the West." "I would be surprised if they are able to maintain this position as the situation in Ukraine continues to deteriorate," Browder told Reuters.

FRANKFURT: Deutsche Bank paid its chief executive officer 8.8 million euros ($9.68 million) in 2021, a 20% increase from a year earlier, the lender said on Friday, rewarding him for the bank’s most profitable year in a decade. Overall, the lender paid staff 14% more, or 2.1 billion euros, in bonuses for 2021. Europe’s banks reveal billions worth of Russia risk as sanctions bite The disclosure in the bank’s annual report came as Deutsche Bank said that revenues would be “slightly higher” this year.

Deutsche Bank paid its chief executive officer 8.8 million euros ($9.68 million) in 2021, a 20% increase from a year earlier, the lender said on Friday, rewarding him for the bank's most profitable ye

The post Deutsche Bank says not ‘practical’ to exit Russia business appeared on BitcoinEthereumNews.com . Deutsche Bank said Thursday it is not “practical” to close its Russia business, despite similar moves by major corporations seeking to distance themselves from the country over its invasion of…

Russia's unilateral aggression in Ukraine has drawn the ire of people from all quarters. Condemning the action, Western nations have imposed sanctions against Russia, and several high-profile companie

Someone with a lot of money to spend has taken a bullish stance on Deutsche Bank (NYSE: DB ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with DB, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 21 uncommon options trades for Deutsche Bank. This isn''t normal. The overall sentiment of these big-money traders is split between 52% bullish and 47%, bearish. Out of all of the special options … Full story available on Benzinga.com

I do believe they are doing almost all they can to prop this all up as 2002 approaches and 2024 shortly thereafter, as it seems like the market is weaponized should things not go their way, yet it has to crash anyway. Why prolong the inevitable to make things worse?

Deutsche Bank (DB) limits its exposure to Russia and Ukraine to avoid major impacts to its financials.

The corporate world, in recent weeks, has been pulling out of Russia in response to Putin's military operation in Ukraine, but Deutsche Bank AG (NYSE: DB) seems to have a different stance. Deutsche Ba